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sp2606 [1]
3 years ago
5

This case explores some issues related to entering a new foreign market and describes the strategies that one UK firm is using t

o find success in the North American market for medium-distance intercity transport. Read the following article: Megabus.pdf Preview the document Write a short summary of the material (one or two well-crafted paragraphs please) and answer the case-ending questions. You may use outside research to help answer the questions. 1. As a late mover into the US intercity bus market, what advantages and disadvantages does Megabus have?2. Does Megabus have any overwhelming resources and capabilities?
3. As a college student, among choices of private car, train, airplane, Greyhound, and Megabus between Chicago and Columbus, which one would you choose?
Business
1 answer:
Serjik [45]3 years ago
4 0

Answer:

1) Megabus may be a terribly late mover in U.S.A. intercity bus market. There have been few firms like hound that tried and failing within the past. However, Megabus has educate from the errors of hound, the corporate, WHO marched for an insolvency within the middle 90's. Hound lost its trade because of poorly continued bus stations, high charges and insecure circumstances. But, megabus has erudite from Greyhound's faults, and strained to not repeat those errors. Therefore, Megabus has underway the bus facilities that had price minimum as $1, free Wi-Fi, control retailers, comfy seating and trendy buses.

Megabus has been ready to supply this low as a result of, the primary issue it did was to remove the acquisition windows for price ticket getting, and sold tickets on-line solely, that resulted in removing expensive station operations. Instead it born off and selected up the customers from the side-way stops like communal bus operatives. This was one amongst the largest pros and also the biggest amendment it transported forth.

Few Drawbacks besides the on top of realities are that the floating gas costs might have an effect on the portable and low tariffs might disturb the incomes if satisfactory range of customers don't take the trips.

2) Yes, Megabus has support from United Kingdom. It’s supported by additional largest conveyance firm in United Kingdom, "Stagecoach group". This cluster services quite eighteen thousand individuals, and is alleged to be one amongst the highest 250 companies in United Kingdom.

The competences Megabus service incorporates a capability to eliminate virtually twenty four thousand automotive emissions creating the corporate pay less on fuel price and reduce within the unharness of carbonic acid gas.

3) As a university student, I might like Megabus owing to the benefits it holds - Low tariffs supports ME to avoid wasting cash on conveyance, free Wi-Fi supports ME to check even whereas traveling, Opening to control my device, will create range of friends throughout the travel, and last of all, have a deliberately smart sensation that am not a district of contaminating the atmosphere.

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Barbara managers the service desk and makes routine decisions related to customer refunds and merchandise returns. Donna also ov
abruzzese [7]

Answer:

B. First line manager

Explanation:

First line managers are company's employee just directly above the non-managerial worker in the management level or organization structure. They serve as the link between non-managerial workers and middle and upper level managers. They are the lowest managers in an organization that deals with employees directly.

In this case, Donna is directly dealing with cashiers and front desk employees while also making routine decisions.

6 0
3 years ago
You are in charge of your country's currency, which is backed by a gold standard. Unfortunately, gold production is dropping sha
Dahasolnce [82]

Answer:

C. Move to fiat currency

Explanation:

Gold Standard

Gold standard is a monetary system where the paper money issued by the government through its monetary authority must be backed a defined quantity of gold. But nations have since moved from that gold standard and to a monetary system known as  Fiat currency. under gold standard the value of money is commensurate with the value of gold backing such a currency.

Fiat currency

When monetary authority issue paper money that is not backed by gold but  with the faith of the issuing authority, such is called fiat currency or fiduciary issue. Fiduciary issues is purely based on trust in the government issuing it.

4 0
3 years ago
What is the term for how much the insurance company will pay?
Annette [7]
C coverage because it’s money to pay for the accident etc.
4 0
3 years ago
Read 2 more answers
__________ is the norm for approximately 90 percent of the world's population.
natulia [17]
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8 0
4 years ago
Belarus has a comparative advantage in the production of linen, but Russia has an absolute advantage in the production of linen.
kodGreya [7K]

Answer: Option (a) is correct.

Explanation:

A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower than the other country.

A country has a absolute advantage in producing a commodity whose production require less number of resources than the other country.

A country exports the commodity in which it has a comparative advantage and imports commodity in which it has a comparative disadvantage.

Therefore, if both the countries decide to trade then Belarus should export linen to Russia.

5 0
4 years ago
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